Lloyds Enterprises revises disclosure for Engineering Works share sale
Lloyds Enterprises Limited announced a revised disclosure concerning the sale of 1,420,000 equity shares of Lloyds Engineering Works Limited (LEWL), previously known as Lloyds Steels Industries Limited. The transaction, dated August 6, 2025, involved the sale of these shares at Rs. 70.50 each, totaling Rs. 100,110,000, to Thriveni Earthmovers Private Limited via a "Block Deal." This represents a 0.10% stake in LEWL's equity share capital.
Following this sale, Lloyds Enterprises' holding in LEWL decreased from 490,781,021 shares, representing 33.30% of the total share/voting capital, to 489,361,021 shares, or 33.20%. The shares were sold through an open market transaction. The company emphasizes that the revised disclosure provides updated information on the mode of acquisition under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The total equity share capital of LEWL remains at Rs. 1,474,027,942, comprising 1,474,027,942 shares of Re. 1 each. Pranjal Mahapure, company secretary & compliance officer of Lloyds Enterprises, signed the disclosure dated September 20, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when LLOYDS ENGINEERING WORKS publishes news
Free account required • Unsubscribe anytime